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Report: Veoh Files For Bankruptcy

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San Diego- and Los Angeles-based video sharing site veoh Networks has filed for Chapter 7 bankruptcy, according to web site Mashable. Veoh had raised over $67.5M in funding from such firms as Goldman Sachs, Intel Capital, Shelter Capital Partners, Spark Capital, The Tornante Company, and Time Warner. READ MORE>>.

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Veoh's Shapiro Confirms Bankruptcy Filing

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Dmitry Shapiro , in a post on his personal web site, confirmed the Chapter 7 bankruptcy filing of San Diego- and Los Angeles-based Veoh Networks Thursday afternoon. Veoh had raised over $70M in funding. Tags: veoh video sharing dmitry shapiro bankruptcy failure employment jobs. READ MORE>>.

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Veoh's Shapiro Named CTO Of MySpace Music

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Los Angeles-based MySpace Music announced this morning that it has hired Dmitry Shapiro , who founded Veoh, as its new Chief Technology Officer. Shapiro was founder and CEo of Veoh Networks until its bankruptcy filing in February. Tags: veoh dmitry shapiro myspace executive. READ MORE>>.

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Altly Posts Anti-Facebook Manifesto, Gets Funding

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Los Angeles-based Altly , the latest startup of Dmitry Shapiro , the founder of Veoh and former CTo of MySpace Music, has officially thrown down the gauntlet, saying in a blog post this week that it there is a need for an alternative to Facebook--and the firm is going to create that alternative. READ MORE>>.

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Interview with Richard Yen, Saban Ventures

socalTECH

In what looks to be a challenging funding climate for entrepreneurs, we thought it would be interesting to talk to one fund which is still making investments--Saban Ventures (www.saban.com)--a new, digital media focused venture capital fund located in Los Angeles. How big of a fund is this? where he is Chairman.

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Interview with Richard Yen, Saban Capital

socalTECH

In what looks to be a challenging funding climate for entrepreneurs, we thought it would be interesting to talk to one fund which is still making investments--Saban Ventures (www.saban.com)--a new, digital media focused venture capital fund located in Los Angeles. How big of a fund is this? where he is Chairman.

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